economy

In August, this indicator decreased by 17.8% year-on-year

Last year, according to the organization, this indicator was 3.1%

The Central Bank of the country announced the most powerful package of financial stimulus measures since the beginning of the coronavirus pandemic

The Eurozone preliminary composite PMI fell to 48.9 in September

The association called for the implementation of the recommendations of Draghi's report on increasing the competitiveness of EU industry

The last time such deterioration of expectations was recorded two years ago

Analysts expected a more moderate growth of the indicator – at the level of 2.4%

Compared to the same period in 2023, the indicator increased by 0.6% in the Eurozone and by 0.7% in the EU

In the country during the specified period, the volume of steel smelting fell amid decrease in the margins of steel plants

The BDI industry association notes that the economic package provides only modest incentives

The regulator expects inflation to remain above target over the next year

The indicator increased in accordance with the forecast of analysts